tiprankstipranks
Trending News
More News >

Ontrak Secures Financing Agreement with Acuitas Capital

Story Highlights
  • Ontrak, Inc. and Acuitas Capital LLC agreed to a financial support arrangement on May 19, 2025.
  • The agreement allows Ontrak to request up to $5 million in promissory notes, with conditions for equity offerings and warrants issuance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ontrak Secures Financing Agreement with Acuitas Capital

Don’t Miss TipRanks’ Half-Year Sale

Ontrak ( (OTRK) ) has shared an announcement.

On May 19, 2025, Ontrak, Inc. entered into an agreement with Acuitas Capital LLC to facilitate financial support through the purchase of senior secured convertible and non-convertible promissory notes. This arrangement allows Ontrak to request up to $5 million in principal amount for each type of note, with conditions ensuring the company’s efforts to raise capital through equity offerings. The agreement includes provisions for issuing warrants to purchase shares of Ontrak’s common stock, impacting the company’s financial strategy and potentially affecting its market operations.

The most recent analyst rating on (OTRK) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on Ontrak stock, see the OTRK Stock Forecast page.

Spark’s Take on OTRK Stock

According to Spark, TipRanks’ AI Analyst, OTRK is a Neutral.

Ontrak’s overall score is driven by significant financial challenges, including declining revenues and persistent losses. Technical analysis shows slight positive momentum, but valuation metrics are concerning with a negative P/E ratio. The earnings call highlights potential for growth through new customer acquisitions, although this is tempered by recent revenue declines and cash flow issues.

To see Spark’s full report on OTRK stock, click here.

More about Ontrak

Average Trading Volume: 17,544

Technical Sentiment Signal: Sell

Current Market Cap: $6.66M

For detailed information about OTRK stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1